AgdaPkt 2018-07-23 Joint SA PFA - Laserfiche WebLink

Browse Search

6A.D. - Page 4 The proposed resolution includes the text that would appear on the ballot, if the City Council decides to proceed with this measure. The question is limited by state law to 75 words. It would read as follows: City of Redwood City Cannabis Business Tax Measure. Shall the measure funding police patrols, after-school recreation programs and other general city services by imposing a cannabis business tax on all cannabis (marijuana) businesses at an annual rate which shall not exceed 10% of gross receipts of each business, which is expected to generate an estimated $210,000 annually and will be levied until repealed by the voters, requiring annual audits and with all funds staying in Redwood City, be adopted? Voter Requirement The adoption of a cannabis business tax may be adopted by a simple majority vote on a ballot measure if the tax is for a general purpose. Staff recommends a general purpose tax to fund City services. Next Steps To proceed, the Council must call for an election on the measure, including the ordinance establishing the tax to be approved by Redwood City voters. The proposed resolution would submit the ordinance as written, and calls for the measure to be submitted to the voters of the City at an election to be held on November 6, 2018. The proposed resolution also directs the City Attorney to prepare the impartial analysis and authorizes the Mayor to select such persons as necessary to sign the ballot arguments in favor of the proposed ordinance on behalf of the City Council. The argument may be signed by up to five people and may be any combination of members of the City Council, authorized representatives of bona fide associations, or individuals eligible to vote on the measure. An argument authorized to be filed on behalf of the City Council will receive priority in selection by the City Clerk for inclusion in the voter information guide, if more than one argument were filed. The deadline to file the argument in favor of the measure is Tuesday, August 14, 2018 at 5:00 p.m.